Both will report to Chief Executive Elizabeth Holmes

Theranos Inc. said Thursday it hired two executives and formed a new board committee focused on quality and regulatory control, as the blood-testing startup contends with heavy regulatory sanctions and a criminal probe.

Earlier this month, regulators decided to revoke Theranos’s license to operate a lab in California because of unsafe practices and to ban founder and Chief Executive Elizabeth Holmes from the blood-testing business for at least two years. The most serious sanctions, such as the ban of Ms. Holmes, won’t go...

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Theranos CEO Elizabeth Holmes Banned From Operating Labs

U.S. regulators have barred Elizabeth Homes, founder and CEO of Theranos from operating a medical laboratory for at least two years, raising questions about the future of the once promising startup. Photo: Theranos